Common use of Long Term Management Clause in Contracts

Long Term Management. ‌ NDOR either will provide long-term management or will transfer long-term management responsibilities to another USACE approved entity. NDOR will provide USACE with a long- term management strategy. Regardless, the wetlands, streams, and/or other aquatic resources at the Site will be protected in perpetuity with the appropriate real estate arrangements. Such arrangements should effectively restrict harmful activities that might jeopardize the purpose of the Site. Written documentation (letter format) of NDOR’s financial resource commitments for long-term management will be provided to USACE as part of a Site Development Plan. NDOR would provide the necessary financial commitment documentation to USACE for long-term management by a third party should responsibilities for management for a Site be transferred (as defined in the Site Development Plan or at a later date). Any transfer of responsibilities to a third party shall be approved by USACE prior to transfer.

Appears in 2 contracts

Sources: Mitigation Banking Agreement, Mitigation Banking Agreement